15 May '12, 6am

SolarReserve Interview: What is Night Solar Power Worth to California?: Filed under: Energy News

SolarReserve Interview: What is Night Solar Power Worth to California?: Filed under: Energy News

SolarReserve can operate potentially 24 hours a day, because its solar tower technology can bank the sun’s energy stored as heat – for as long as two months – which can be used to drive a turbine to make power at any time. At the CPUC site that lists the 110 big contracts the three California utilities have signed with solar developers, I noticed that SolarReserve contracts – and Abengoa’s – were priced “above the MPR” but BrightSource is below. MPR is the Market Price Referent, sort of an amalgamated price that reflects all the different types of generation; sort of a blended average rate (of natural gas in California, plus, presumably, nuclear, wind, geo, hydro and solar). New contracts must be (on average) at or below that price to avoid costly electricity contracts. So I talked with Tom Georgis, the Senior Vice President of SolarReserve – to see if the higher price all...

Full article: http://cleantechnica.com/2012/05/15/solarreserve-intervie...

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